Tag Archives: Lightning Network

Business intelligence company MicroStrategy is doubling down efforts on bringing Bitcoin layer 2 scaling solution – Lightning Network – capabilities this year. Its executive chairman Michael Saylor shared an update notifying that the company is working on a product aimed at delivering a Bitcoin wallet and Lightning address to every corporate account holder. The main intention behind the move is to enable quick and easy development as well as deployment of Bitcoin rewards...

Litecoin has been gaining some momentum since the start of the year with a focus on its next Halving event which is a few months away. Litecoin (LTC) is seeing a parabolic run through its price today as the protocol has unveiled a major milestone underpinning the network. As reported by several media today, Litecoin has also integrated the Lightning Network as it looks to leverage the ultimate scaling solution that has helped the Bitcoin network beat its congestion woes in recent times....

While Bitcoin had whittled down waitlisted transaction orders by Wednesday, network congestion remains high. Median confirmation time hovered markedly above ten minutes. The on-chain metric for Bitcoin network fulfillment sits at a high unseen since Feb 2023 and Dec 2022. Meanwhile, hundreds of thousands of transactions at a time sit waiting to be confirmed. That’s far above normal levels in the tens of thousands. The extent of network lag is so high that at least one...

There is good news and there is even better news. The good news is that bitcoin has been doing relatively well as of late. The currency recently hit a six-month high and many investors are becoming more hopeful that the horrors of 2022 are finally being left behind for good. The even better news is that bitcoin adoption appears to be growing, as use of the Lightning Network has hit a new high. Use of the Lightning Network Is More Common Than Ever The heavy use of the...

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Bitcoin wallet service provider BlueWallet has decided to shut down Lndhub.io, a Lightning Network node on the Bitcoin Network used to store and trade satoshis (sats) – the smallest denomination of the primary cryptocurrency. The Lightning Network is a layer-2 protocol layered on the Bitcoin protocol, used to process micropayments among participating nodes to facilitate faster transactions. BlueWallet is one of the most popular Bitcoin Lightning-enabled wallets on the...

Das Bitcoin Lightning-Netzwerk ist eine Second-Layer-Skalierungslösung für das Bitcoin-Netzwerk, die es Benutzern ermöglicht, Bitcoin-Transaktionen schneller und kostengünstiger durchzuführen. Eine der nützlichen Funktionen des Lightning-Netzwerks ist die Möglichkeit, Rechnungen zu erstellen und zu bezahlen. In diesem Artikel werden wir erklären, wie man eine Rechnung mit dem Lightning-Netzwerk erstellt. Schritt 1: Eine Bitcoin-Wallet einrichten Um mit dem Lightning-Netzwerk arbeiten zu...

Strike – a Bitcoin payment company and wallet provider – has expanded its “Send Globally” feature to the Philippines, allowing locals to receive lightning-based remittances directly to their bank account.  This marks the second-wave rollout for Send Globally after its initial release to Africa in December.  Fixing the Remittance System In a press release published on Tuesday, Strike explained that its new feature enables “fast, secure, and low-cost” money transfers between...

Bitcoin payment and wallet company Strike has partnered with fintech giant Fiserv to integrate Bitcoin’s lightning network with the point-of-sale terminal provider, Clover.  This will allow certain Clover merchants to accept lightning payments, expanding Bitcoin’s use case as a medium of exchange.  Dollars Over Lightning As explained by Strike CEO Jack Mallers over Twitter on Thursday, the integration effectively allows Clover to accept “cash-final” USD over lightning....

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